Latest Stock Market News

The Indian rupee ended higher on Thursday as speculators failed to take the unit below a well-recognised support level, with dollar sales by exporters also helping.

The NTPC Green Energy Ltd (NGEL) board will next week consider a proposal to raise up to Rs 5,000 crore through issuance of bonds in one or more tranches in fiscal 2025-26. NGEL is an umbrella company for the green business initiatives of state-owned power giant NTPC.

Markets regulator Sebi has tweaked the framework for ESG Rating Providers (ERPs), especially for those using a subscriber-pays model, requiring them to share ESG (Environmental, Social, and Governance) rating reports with both subscribers and the rated issuer simultaneously. This policy needs to be publicly disclosed.

Warren Buffett’s Berkshire Hathaway now holds $300.87 billion in U.S. Treasury bills, nearly 5% of the total market, surpassing the Fed’s holdings. With equity valuations high and few attractive opportunities, Buffett is prioritizing safety, yield, and liquidity.

Markets closed lower Thursday, with Sensex falling 315 points and Nifty down 82, pressured by Reliance and banks. Gains in SAMHI Hotels, Niva Bupa, and Dalmia Bharat cushioned losses.

Axis Bank s March quarter net profit remained flat at Rs 7,117.5 crore, slightly exceeding estimates. Net interest income rose 5.5% to Rs 13,810.5 crore, with NIM improving to 3.97%. The bank s balance sheet grew 9% YoY, driven by deposit and advance growth, while asset quality improved with GNPA at 1.28%.

Indian stock markets ended a 7-day rally amid global cues. Stocks like JK Cement, AstraZeneca Pharma, and GlaxoSmithKline Pharma showed strong momentum, with analysts suggesting bullish targets and key support levels.

Despite Sensex slipping 315 points, seven BSE smallcap stocks hit 52-week highs on Thursday, driven by strong monthly gains and investor optimism around price momentum and sector-specific growth.

To facilitate ease of doing business for Small and Medium REITs (SM REITs), markets regulator Sebi has standardised disclosures in draft scheme offer document and simplified public issue processes for such schemes.